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Reserve Bank of Australia expectedly keeps interest rates steady at 4.1%

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Summary
Nutrition label

88% Informative

The Reserve Bank of Australia held its benchmark policy rate at 4.1% on Tuesday .

The central bank flagged earlier that inflation was declining at a faster pace than expected.

The country's inflation reading in February came in at a softer-than-expected 2.4% .

Inflation has stayed within the bank's target range since August 2024 .

VR Score

95

Informative language

98

Neutral language

80

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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